9807 37th AVE, Corona, NY 11368
9807 37th AVE, Corona, NY 11368
9807 37th AVE, Corona, NY 11368
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Randy Reis

Randy Reis

+1(917) 435-4870
$3,780,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1032756

Rental Info No

Year Built 1930

Annual Tax Amount $17,310

Property Sub-Type Multi Family

Source onekey2

Property Description

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

Location

State NY

County Queens

Rooms

Basement Full, See Remarks, Storage Space

Interior

Heating Electric

Cooling Multi Units

Fireplace No

Exterior

Parking Features Detached, Garage

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 19 Marino Jeantet

Middle Schools Is 61 Leonardo Da Vinci

High Schools Queens24

School District Queens24

Others

Special Listing Condition None

Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by New Group Realty Inc • Xun Lin

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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